Free Credit Repair

Free Credit Repair
To repair bad credit might be a mystery to most, but the
process is actually quite simple. With all the bad credit
out there, you would think there must be something in the
water. I know there are different circumstances that cause
people to get into trouble, but the mystery to get out of
trouble just baffles everyone. Since I have been in the
mortgage industry, I have learned how easy it is to fix
your credit report. With the power of the internet you can
fix your credit for free. I remember when I was young I
messed up my credit report due to just being irresponsible.
After about 6 months the phone started ringing This is a
miserable feeling especially when you have guests over and
your phone is ringing every 30 minutes from someone that
wants there money. Nether less it happens and there is a
solution as well. Here are the following steps to repair
your credit report for FREE.

1.Don't be late on anything anymore
2.Don't allow anything to go to collection
3.Pay all your bills on-time
4.Pull a copy of your credit report with scores to see
where you stand.
5.Make sure there are no inaccuracies on your credit report
6.Review your credit report and determine what you can
start paying off.
7.If all your good credit went to collection, then you must
re-establish new credit.
8.To re-establish new credit apply for a couple of secured
credit cards.
9.Try not to pay off any collections over 5 years old.
10.Settle on collections for pennies on the dollar
11.Make sure once collections are paid you get the letters
from the collection company showing paid or settled.
12.Beg and plead with the creditor to give you a letter to
delete collection from the credit bureaus.
13.After 90 days of paying off collections pull your credit
to see if the creditors updated the credit bureaus
correctly.
14.Typically after a year of paying off collections, and
establishing new credit your credit scores will increase
dramatically

Just like anything else, there is not magical potion to
repairing bad credit reports. It's really simple; just
start paying off your collections starting with your recent
collections. I am sure you have heard companies advertising
they can remove collections you owe because of a
technicality. This is actually not true. A collection will
stay on your credit report for 7 years from collection
date. The best credit repair is to repair you credit
yourself. Because after doing it, you will make sure you
don't allow anything to go to collection again.

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About the Author: Mike Clover is the owner of
http://www.creditscorequick.com/ . CreditScoreQuick.com is
the one of the most unique on-line resources for free
credit score report, fico score, Internet identity theft
software, secure credit cards, and a BlOG with a wealth of
personal credit information. The information within this
website is written by professionals that know about credit,
and what determines ones credit worthiness.